DSCR Loan Processor

Anchor Loans LP; Triunfo Corner (CA); Hybrid; USD 39,000 - 41,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) match

Paid time off

Tuition reimbursement

Onsite gym

Paid holidays

Team events

Job summary

Anchor Loans LP in Thousand Oaks, CA is seeking a Loan Processor to handle DSCR loans from application to funding, maintaining strong client and partner relationships and ensuring timely documentation.

You will manage 20–25 loan pipeline, perform pre-underwriting, coordinate third-party documents, and support a smooth closing process in a hybrid office environment with competitive pay and benefits.

Qualifications

• Experience as a loan processor preferred.
• Excellent interpersonal and written/verbal communication.
• Strong organizational and time management skills with attention to detail.
• Ability to manage multiple tasks and deadlines in a fast-paced environment.

Responsibilities

• Process DSCR loans from application through funding.
• Maintain relationships with clients, brokers, and partners.
• Enter and organize application materials and order third-party documentation.
• Provide status updates and resolve conditions to close loans.
• Pre-underwrite files to confirm eligibility and investor compliance.
• Ensure loan files submitted to underwriting are complete and accurate.

Skills

DSCR loan processing

Client relationship management

Communication skills

Organization

Time management

Multitasking

Loan origination system

Tools

Loan origination system

Job description

Why Anchor Loans?Anchor Loans is one of several operating companies owned by Pretium Partners (+$60B AUM Financial Services Entity) and is working diligently to expand and grow its lending footprint.Anchor Loans, established in 1998, is the nation’s leading private, direct lender to experienced residential real estate investors and builders, and the first to surpass $10 billion in total fundings. Renowned for expediting financing for developers and investors, we specialize in bridge loans, ground-up construction, and single-family rental solutions for non-owner-occupied projects. Headquartered in beautiful Thousand Oaks, California, Anchor Loans currently lends in 48 states and is expanding into new markets and service lines to better serve our current and future borrowers.Position SummaryAnchor Loans is seeking a Loan Processor dedicated to processing Debt Service Coverage Ratio (DSCR) loans from initial application through funding while maintaining strong relationships with clients, brokers, and internal/external partners. This individual will manage a pipeline of 20–25 DSCR loans, ensuring accurate data entry, organization of application materials, and timely ordering of all third-party documentation. The role includes pre-underwriting DSCR loan files to confirm eligibility, structure, and compliancewith investor guidelines before submission to underwriting. Acting as a central point of contact, the Loan Processor provides status updates, resolves conditions efficiently, and supports a smooth, compliant loan closing process.• Establish and maintain relationships with clients and referral partners to retainexisting business and attract new.• Enter prospective new DSCR loan applications into the loan origination sytem.Prepare quotes and LOI’s as necessary on all loan structures.• Reconcile and organize all application information received and review items for qualification.• Order and secure all third-party documents such as title, credit reports,appraisal and any other items required on the loan files.• Act as a liaison between clients, internal staff, brokers, title companies, etc. torespond to inquiries, provide status updates and obtain all necessary documentation required for the file.• Manage a loan pipeline of 20 to 25 loans, resolving any problems or conditions in an expeditious manner as the file moves through the process, from initial receipt through funding.• Prepare and review mortgage loan files to ensure compliance with investorguidelines.• Ensure that all loan files submitted to underwriting are complete and accurate. This requires pre-underwriting of the borrower and loan file. (Loan structure, loan terms, cash reserves, borrower experience, escrow/title documentation, and initial evaluation of risk)• Perform related duties and special projects as assignedRequirements• Experience as a loan processor preferred.• Superb interpersonal, written and verbal communication.• Ability to provide exemplary service to clients and co-workers.• Excellent organizational and time management skills with attention to detail.• Ability to manage multiple tasks and deadlines simultaneously to maintain a highvolume workload in a fast paced, deadline driven environment• Candidates should have a strong ability to prioritize and multitask without bing micro-managed to meet multiple deadlines and work well in a team environment.Work EnvironmentThe preference is for this role to be a hybrid position which requires office reporting to Anchor’s Thousand Oaks, CA offices.Remote opportunities are also available to those not located near the area.CompensationThe base pay range for this position is $28-$30/hour plus performance-based bonus.What We Offer:The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability you'll feel right at home. Our mission is to create opportunities for success by improving homes and communities. We set up our team members for success by offering a competitive benefits package that includes:Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD&D insuranceGenerous sick leave & vacation benefits for rest, relaxation, and personal pursuitsHighly competitive performance bonus401(k) retirement program with employer matchTuition reimbursement toward professional developmentWorkplace Celebrations, Team Building, Charity Drives, and Food Truck luncheonsOnsite gym (Thousand Oaks only)12 Paid HolidaysDiversity matters to our organization, and we are proud to be an equal opportunity employer. All qualified candidates are welcome and will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, natural origin, disability, age, veteran status, or any other protected characteristic.